Rupiah is in Hazardous Road

USDIDR

I predict Rupiah (USDIDR) might keep depreciating to more than Rp14,300/USD.

If Rupiah Breakout Resistance (Rp14,300/USD), then the possibility of Rupiah strengthening to Rp13,600/USD or any level below Rp14,000/USD is vanished. Rupiah will be on the verge to keep weakening to its lowest level at Rp15,300/USD.

Rupiah must move below Rp14,000/USD in the next 1-2 weeks to shrink any threats that make Rupiah might keep decreasing to Psychology level at Rp15,000/USD.

Kommentera:

Rupiah broke Resistance in Rp14,300/USD which means Rupiah is in Depreciating Trend agains US Dollar.

Rupiah could possibly keep weakening to reach Rp15,000/USD to Rp15,300/USD.